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Horizon-K Farsightedness in Criminal Networks

Department of Economics, Maastricht University, 6200 MD Maastricht, The Netherlands
CEREC, UCLouvain Saint-Louis, 1000 Brussels, Belgium
CORE, UCLouvain, 1348 Louvain-la-Neuve, Belgium
Author to whom correspondence should be addressed.
Academic Editors: Paolo Pin and Ulrich Berger
Received: 26 April 2021 / Revised: 23 June 2021 / Accepted: 28 June 2021 / Published: 5 July 2021
(This article belongs to the Special Issue Game Theory in Social Networks)
We study the criminal networks that will emerge in the long run when criminals are neither myopic nor completely farsighted but have some limited degree of farsightedness. We adopt the horizon-K farsighted set to answer this question. We find that in criminal networks with n criminals, the set consisting of the complete network is a horizon-K farsighted set whenever the degree of farsightedness of the criminals is larger than or equal to (n1). Moreover, the complete network is the unique horizon-(n1) farsighted set. Hence, the predictions obtained in case of completely farsighted criminals still hold when criminals are much less farsighted. View Full-Text
Keywords: limited farsightedness; stability; criminal networks limited farsightedness; stability; criminal networks
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MDPI and ACS Style

Herings, P.J.-J.; Mauleon, A.; Vannetelbosch, V. Horizon-K Farsightedness in Criminal Networks. Games 2021, 12, 56.

AMA Style

Herings PJ-J, Mauleon A, Vannetelbosch V. Horizon-K Farsightedness in Criminal Networks. Games. 2021; 12(3):56.

Chicago/Turabian Style

Herings, P. J.-J., Ana Mauleon, and Vincent Vannetelbosch. 2021. "Horizon-K Farsightedness in Criminal Networks" Games 12, no. 3: 56.

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